Skip to main content

tv   The Rachel Maddow Show  MSNBC  February 28, 2011 9:00pm-10:00pm EST

9:00 pm
what his son's crisis means to the family. quote, we have to love that much more. you can have the last word online at our blog, the last word at you can also follow us on facebook and follow me at lawrence on twitter. "the rachel maddow show" is up next with why an economist who advised republicans in the last election now says the gop's budget plan would cause huge job losses. good evening, rachel. >> good evening, thank you very much for that. and thanks to you at home for staying with us the next hour. if you are a person that uses e-mail, you have probably received an e-mail about winning millions of dollars. all you have to do to claim these millions of dollars is to wire the author of the e-mail a large sum of money. you've had one of these, right? wire the person a few hundred
9:01 pm
bucks and your millions will be on the way very soon. these e-mails often arrive from a sender claiming to be like a nigerian prince or something. the nigerian prince e-mail scam thing is not only one of the greatest things to come out of the e-mail age, it set the standard for the whole frantic disjointed i need your money right now e-mail genre. as of today, it has a new addition from the world of politics. as i write you now, the fat cat labor bosses are busy scrapping, scrapping? they say scrapping together millions to force dues money to build a massive political war chest, d.c. war bosses are going onto hold the senate in 2012 and pave the way for forced unionization for public employees. all of us are working hard to stop them from taking away our unions and bankrupting the country. your most generous contribution will assure we have resources
9:02 pm
necessary to go toe to toe with big labor union bosses. love from nigeria, september for the nigeria part, it is an actual e-mail we received from our good friends at the national republican senatorial committee. they think this shows a good fundraising prospect. nrsc asked for our help to defeat the unions in 2012. that's what they think they're running against. the national republican party is now being led by the man who used to be chairman of the republican party in the great state of wisconsin. from the rnc and republican governors association and now this, the republican senate committee, we are now seeing these e-mails and websites pleading with republicans across the country to please get on board this wisconsin thing, please get on board of scott walker political republican gravy train, including these crazy nigerian style pleas for money to stop them from
9:03 pm
scrapping their dues or whatever they meant. the official republican party decided to bet on scott walker in this fight in wisconsin in a really big way. real, live republicans who have governing responsibility on the other hand, not so much. the apparatus is on board. the politicians are not. when scott walker took what turned out to be a prank phone call from a man he thought was a conservative billionaire named david koch, one of the things scott walker got wrong in the call was the idea that republican leaders across the country were going to fall in line behind him, follow his leadership on union stripping. >> i talk to kasich every day. john has to stand firm in ohio. i think we do the same with ric scott in florida. snyder if he had more support could probably get michigan. brian, the governor in nevada called me last night, said he was out in the lincoln day circuit last two weekend.
9:04 pm
he was kidding me, he said scott, don't come to nevada, i would be afraid you would beat me running for governor. that's all they want to talk about is what are you doing to help the governor in wisconsin. >> the last gentleman governor walker mentioned was brian sandoval, the new republican governor of nevada. according to scott walker, sandoval is behind him all the way, unless of course you ask governor sandoval. here was the headline last week in the las vegas sun. sand oh val won't draw the line like wisconsin governor. scott walker was wrong when he explained his donor, and that all of the national republicans were getting behind him, that he was leading the way. the other thing scott walker got wrong in that infamous phone call was what he thought was the dwindling nature of the protests forming at his door stop and so interested the nation.
9:05 pm
>> pretty tough, amazingly, a much smaller group of protesters, almost all of whom are in from other states today. sooner or later, the media stops finding it interesting. the guys we got left are largely from out of state, and i keep dismissing it in all my press comments. >> all of those people in wisconsin, they're all from other states. really? want to ask them? part of the reason governor walker and the republicans think they are going to win in wisconsin is because they keep thinking the protests are ending. they keep thinking they're winding down. keep thinking that certainly the people of wisconsin aren't certainly against them. here is the thing. last weekend, everybody in the country was bowled over by the fact that 70,000 people turned out, this is last weekend, to protest against scott walker and the republicans. 70,000! this weekend it was not 70,000 people. this weekend police say it was bigger. reportedly more like 100,000 people. we are now in day 14 of these protests, and the protests are still getting bigger, not
9:06 pm
smaller. scott walker sort of let the cat out of the bag last week on that prank phone call he thought he was having with david koch. he sort of let the cat out of the bag when he essentially admitted that wisconsin republicans count on the protests going away. from the looks of it, they are not going away. and the longer this goes on, the less governor walker and wisconsin republicans have to stand on here. the longer it goes on, the clearer it becomes that this whole fight is not about what they say it is about. this whole fight is not about the budget. this is about destroying the unions. it is about corporate titans that give lots of money to republicans and can get them on the phone for 20 minutes in the middle of a crisis, guys like david koch wanting to bust the unions, and it is about dismantling a key part of the democratic basin terms of fund raising. you want to see numbers from 2010 elections? right. unions are the only significant outside spending group that democrats have to compete with the conservatives. union members also tend to support democratic causes and provide a good chunk of get out
9:07 pm
the vote infrastructure that democrats rely on to win elections. republican party more than anything else represents corporate interest. the democratic party more than anything else represents people who work for corporate interests or people who represent something other than corporations. the longer this goes on in wisconsin and stretches out, the clearer it gets that this is not a fight about the budget. at the outset, remember there was a strange facet that specific unions that would be exempted from the new rules in wisconsin, unions that wouldn't get stripped happened to be the unions that supported scott walker in the last election. and there was the revelation that around the same time he claimed the budget crisis, governor walker and state republicans passed $140 million of tax give aways for businesses. tax give aways not paid for, they were larded onto the state's deficit. wait. i thought this was because you were all so worried about the
9:08 pm
deficit. then as it went on longer, the union ovd to give all the concessions he wanted. if he was just concerned about the deficit, he would have won, game over. governor walker not only didn't accept the concessions, he didn't even want to talk about them. and now today, this keeps going on. comes the threat from governor walker if he doesn't get what he wants by tomorrow, he may have to begin the process of laying off people, laying off state workers. why tomorrow? tomorrow is the deadline for refinancing the state's debt. that is a move as far as i can tell will add another $14 million onto wisconsin's state deficit. so what's the reasoning here? we have such a deficit problem that unless i can make it $14 million worse, the workers get it? the longer this goes on, clearer it gets that this is really not about what they say it is about. this is really, really, really not about wisconsin state budget. this is partisan. this is about republicans winning elections. this is about hamstringing democrats so they can't win
9:09 pm
elections. this is about the david kochs of the world getting what they want and always wanted. the longer it goes on, the clearer that gets. and the bigger the protests get. 100,000 people in wisconsin this weekend. these protests are not just a reflection that the governor is losing there. these protests are part of the reason that he is losing, and therefore this weekend and today, the walker administration has taken action to end the protests. wisconsin's department of administration is headed up by a scott walker appointee, set a deadline of 4:00 p.m. yesterday for the protesters to clear out of the state capitol. as that 4:00 p.m. deadline approached and as a handful of protesters refused to go, local authorities decided that the protesters who remained would be allowed to stay in the capitol overnight. that was last night. but then today as the capitol returned to normal business hours, sorry. everybody out of luck. protesters are locked out of wisconsin capitol.
9:10 pm
scores of demonstrators waited to get in today. they were ultimately denied entry by capitol police officers, shut out of the public building they were told they would be allowed back into. >> whose house? >> our house! >> this is not a fight between the protesters and the police. not only have police been among the protesters, not only have the wisconsin professional police association said they are on the side of the protesters, there's the anecdotal evidence being reported about solidarity between the police and the protesters here. a chant reported this weekend in the "the wall street journal" of protesters shouting thank you, cops, thank you cops. the protesters have gone out of their way to be respectful of law enforcement officials and their demands and it appears to be mutual. there was the situation of the capitol needing to be cleaned over the weekend. local authorities said the capitol needs to be cleaned up. milwaukee journal sentinel
9:11 pm
reports shortly before 8:00 p.m. a worker on a waxing machine polished the main floor of the rotunda. dozens of demonstrators chanted thank you, thank you. as massive as the protests have been in the last two weeks, there have been no significant arrests or reports of violence. on the contrary, law enforcement officials have twice now publicly thanked the protesters for polite behavior. an official with the agency that provides security for the capitol saying citizens that joined rallies at the capitol in the last two weeks have been respectful, cooperative, and i extend my sincere thanks to them and the protest organizers. a thank you letter from law enforcement. when the cause you are fighting against is transparently hypocritical, when your opponent keeps showing himself to be operating in bad faith, large organized principled nonviolent protests are almost unbeatable. not talking about some kumbaya
9:12 pm
liberal vision of how i wish the world was. i am not imagining here. i am talking about tactics, political tactics. when there are two sides in a political fight, and one of them has ruled out negotiation, and the other one is a large organized exclusively and scrupulously nonviolent movement that persists and that will not go away and that has public opinion on its side, there is almost nothing that can beat that. wisconsin, you are winning. i will say that again. wisconsin, you are winning this fight. there is a reason that after all of this time, your governor is not willing to negotiate, he is not willing to talk at all, but he is willing to kick you out of the capitol. the physical presence of these demonstrators in wisconsin is why wisconsin is winning and the governor is losing. he's getting desperate. what happens next? [ male announcer ] you are a business pro.
9:13 pm
premier of the packed bag. you know when to hold 'em... and how to fold 'em. and from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above and still pay the mid-size price. here we are... [ male announcer ] and there you go, business pro. there you go. go national. go like a pro. there you go. but you can still refinance to a fixed rate as low as 4.75% at plus, get the best deal or we'll pay you $1,000. call lending tree at... today.
9:14 pm
turns out there's data,
9:15 pm
nonpartisan data. remember data? that connects all the yelling to cut spending with all of the yelling about where are the jobs? data, data, soothing data with no yelling coming up. and 100% less charlie sheen than you might be expecting. for three hours a week, i'm a coach. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many tough decisions i felt lost. unitedhealthcare offered us a specially trained rn who helped us weigh and understand all our options. for me cancer was as scary as a fastball is to some of these kids. but my coach had hit that pitch before. turning data into useful answers. we're 78,000 people looking out for 70 million americans. that's health in numbers.
9:16 pm
unitedhealthcare. industry awards are nice, nice recognition for folks that usually worked really hard, a single epgsal achievement. it is nice. award shows however? tough. three hours to find out who won? while they could be playing
9:17 pm
paper toss, glue hockey, or anything else in life no matter how pleasant or unpleasant. my friend susan loves them, my family loves them. oscar sunday is like a maddow holiday. i come from people that like award shows. i respect people that liked award shows. i wish i liked them, but i do not. i do not watch them, i do not go to them, you cannot make me. however, i am a politics dork. i like how crazy it makes anybody whenever politics intrudes on an award's small talk. usually politics only break out at an awards show if the country is starting a war, election year, or if michael moore wins something. this year it got political because of wisconsin. national republicans and republicans in wisconsin are banking on the countrysiding with this stripping union rights thing they are doing. they are counting on that or app thee and people not caring. surprise, you guys. >> we need to thank everybody at
9:18 pm
warner brothers post production and thank all the hard working operate ors and sound utility people that worked, union, of course. >> much things to warner brothers, my fantastic union crew. >> did i hear you put the emphasis on my union crew? >> i did. i did. i think that what's going on in wisconsin is kind of madness now. and i have been a union member 30 years. what the union has given to me is security for my family. they've given me healthcare in a country that otherwise does not provide healthcare, and i think the unions are an important part of the middle class of america. so i stand strong behind any of the union members in this country and any other country, because all we're trying to do is get a decent wage and have medical care. >> best cinematography, best sound mixing, shout out to our
9:19 pm
next guest. a battle he and his fellow democrats appear to be winning. state senator, jon erpenbach, one of 14 state senators who remain outside wisconsin to deny republicans the quorum needed to pass the governor's union stripping bill. senator erpenbach, great to have you again. thank you for your time. >> hey, rachel, how are you. >> i'm good. i wonder if it feels to you like you and democrats and other people who are opposed to the governor's plan in your state, whether it feels to you like you're winning. from here, my vantage point, feels like you are. >> well, it does, even from where i am, undisclosed location in chicago, we're winning. we feel strong about what we have seen in madison over the weekend and over the state of wisconsin. i know right now, there's about a thousand people in dodgeville, wisconsin. that's the senate district for senator dale schultz on defense on this issue. a lot of people are turning out,
9:20 pm
voicing opinions. that makes all of us feel good. >> part of the reason you're winning, i see the other side resorting to more extreme tactics that are hard to defend in the long run. what's your understanding about the administration closing down the state capitol, keeping people out of that building now? >> that's actually very frustrate to go hear about, more frustrating to watch on the show, i was watching ahead of time here. the problem i've got is this, it is a public building, it is owned by the taxpayers of wisconsin. they're requiring ids to get into the capitol, which is ridiculous. i know a representative wouldn't show her id. she's an elected member of the assembly and they wouldn't let her in. they knew she was an elected member and still wouldn't let her in. they are bolting the windows down, have some fire code issues to deal with, but they are closing the building down, and i don't know why. i do know why, i would like to hear it officially.
9:21 pm
>> why do you think they are doing it, if they can stop people by protesting by locking down the building, what practical effect will it have? >> it won't. they have seen the polls on both sides of the aisle on this issue, they are losing this debate. overwhelmingly, people of wisconsin support collective bargaining rights. that's clear in every poll. even a fox poll had wisconsin iets supporting collective bargaining rights. >> we are hearing that republicans are not only trying to block pay to you, democratic senators, they're also trying to block pay to your staffers. do you have any confirmation that's happening? >> no. we've heard about that, blocked access to copier so the staffers can't do their jobs for the constituent we represent. it is about as petty as petty gets and distracts from the real issue we're trying to deal with,
9:22 pm
and that's a budget deficit. rather than actually spending constructive time on coming up with ideas in order to move us forward together, they're taking away copying right privileges. it is a joke. >> is that going to have any affect on whether you can stay away, stay and coordinate it, doing what you need to do to make this time as constructive as possible? >> no, it is not going to have any affect. all the staffers, all dedicated hard workers. we get calls with constituent issues all the time and those are the people that handle it, get the job done. they are very dedicated to what they do. >> governor walker threatens layoff notices have to go out, unless you come back, the state will lose the chance to refinance some state debt. what's your reaction to that? >> the governor, i am going to be frank, the governor is lying to the taxpayers of the state of wisconsin. he says we need to save $165 million, that's what will happen if we come back.
9:23 pm
truth be told, we have $165 million payment due in may on our debt. the money has already been allocated to make that $165 million. what governor walker is doing is taking that $165 million, balancing his budget with it, then bonding in the future to pay it off. he is turning $165 million into about $200 million when all is said and done. he is doing something he swore in his campaign he would never do. he is kicking the can down the road, and it is unbelievable that he is doing this and thinks he can pull it over the eyes of the taxpayers in the state of wisconsin, but that's what he's doing. he is borrowing to balance his budget. >> we tried to figure it out in terms of math. as far as we can tell, the governor's refinance the debt plan will cost about 14 million more dollars than the state would have to pay if they didn't refinance the debt. is that roughly your understanding? >> according to fiscal bureau, about $29 and a half million from what i understand.
9:24 pm
it will cost a lot more money. again, what he is doing, he is doing something he swore in the campaign he would never do. borrowing to balance his budget. taking $165 million that the state of wisconsin owes, he is taking, pulling it back, putting it in his budget, and borrowing to back fill a $165 million hole that will cost more in the end. >> are there any republicans thinking about siding with democrats on this issue? that may be the way this ends at this point. >> off the record? >> yes. >> i know. so i can't speak for them. off the record, yes, they are. they're very concerned about a couple of things. first of all, i know they approached the governor early onto try to make sure he removed the collective bargaining. he wouldn't do it. so they have all kind of held in line. so far, senator schultz did a great job trying to come to compromise on this. publicly, they are holding tight. they're under a lot of pressure, they're actually under more
9:25 pm
pressure than we are. >> wisconsin state senator jon erpenbach joining us from a location that looks suspiciously like chicago. thank you very much for your time. >> thank you, rachel. >> that's every interviewer's dream. the person that looks to you on television live and says is this off the record? absolutely perfect! at this point, i have to tell you our oscar's coverage for the evening is complete. our coverage of the reportedly buxom and blonde ukranian nurse at the center of international intrigue, however, that has room this hour. please stand by! you know, when i grow up,
9:26 pm
9:27 pm
i'm going to own my own restaurant. i want to be a volunteer firefighter. when i grow up, i want to write a novel. i want to go on a road trip. when i grow up, i'm going to go there. i'm going to work with kids. i want to fix up old houses. [ female announcer ] at aarp we believe you're never done growing. i want to fall in love again. [ female announcer ] together we can discover the best of what's next at
9:28 pm
9:29 pm
in the last elections, the democratic party and its candidates got walloped. shellacked is the term of art. i prefer walloped. in campaigning for the last elections, there was basically no debating about the afghanistan war, almost no fighting about gay rights, next to nothing about abortion, definitely wasn't about education either. the last elections which did swing wide to the republicans were supposedly all about jobs. everything was brought back to the economy, and everything the democrats did between 2008 and 2010 from health reform to everything was labeled job-killing, no matter what it was, right? president obama ate job killing lunch, wore job killing socks. michelle obama has well toned job killing arms and grows job killing vegetables in her job killing garden. job killing, job killing, job
9:30 pm
killing. after winning the elections by saying that a lot, republicans managed to stop focusing on abortion long enough to introduce their own down with spending economic plan. republicans voted on that plan, and the forecasts of what their plan would do are now finally starting to come in. if you are a liberal or a democrat or a centrist or someone who cares what words mean and you are looking for something to accurately call job killing, we have finally found that for you. that's next.
9:31 pm
have put their faith in sun life financial. we should be a household name. and we will be. so you're suggesting that we change our name from florida, the sunshine state, to...? florida -- the sun life state. the posters will be so cool. sooner or later, you'll know our name. sun life financial. but now, to get it really cooking, you need a little website development. some transparent reporting, so you know it's working. online ads and 1-on-1 marketing consultation. yellowbook's got all that. yellowbook360 has a whole spectrum of tools. the perfect recipe for success. visit and go beyond yellow.
9:32 pm
♪ achievement: loves working capital. ♪ achievement: puts receivables to work. ♪ achievement: expects a lot of itself. cfo: cash flow options, helping business achievers better manage their cash flow. pnc. for the achiever in us all.
9:33 pm
[ breathes deeply, wind blows ] something wrong with your squeegee, kid? uh, i'm a little sick. sick?! you gonna let a sore throat beat you? you're fearless! ahhhhhhhhh! atta boy! [ male announcer ] halls. a pep talk in every drop. the republican speaker of the house john boehner about two weeks ago made everybody in politics collectively gasp when he did this at a press conference. >> if some of those jobs are lost in this, so be it. >> mr. speaker was responding to reports his party's economic plan would cost hundreds of thousands of american jobs. his response was. >> so be it. >> ow. at the federal level, republicans want to be seen as the fiscally responsible political party. they would like you to see democrats at prove you will gate
9:34 pm
and instead as tleft ee. they want you to think regardless of historical evidence if you just put republicans in charge, that would be good for the economy. that's how they would like it to be seen. that is a great plan in the abstract. but here is what's happened since the republicans won the last elections and they have to stop talking about themselves in abstract complimentary terms and put forward a plan of what they wanted to do. when house republicans laid out their budget, spending plan, a liberal group called the economic policy institute forecast this. they forecast the economic plan would reduce the number of jobs in the country by 800,000. republican budget they said would kill 800,000 jobs. yeah, yeah, but they're liberals. how about goldman, sachs? that report was leaked. we now know it found that republican spending plan could knock as much as 2% off economic
9:35 pm
growth for the entire country. yeah. but that's goldman, sachs? i guess? now here's a third. this one comes from an economist who was an adviser to presidential candidate john mccain. he is an economist at moody's. his assessment of that plan is that it will cost 400,000 jobs this year, 700,000 by end of next year, will reduce economic growth by a half point just this year. >> if some of those jobs are lost in this, so be it. >> not quite sure why this hasn't sunk in. republicans' federal budget proposals are forecast to slow down america's economic growth. by a lot. and to result in loss of hundreds of thousands of american jobs. republicans are not rebutting the forecasts, not making a counter argument. you criticize or take pot shots
9:36 pm
of those that made these assessments but are not rebutting them. maybe what we need is higher unemployment, lower wages and slower growth. it is a good thing republicans are working on this. yes, steve, exactly. at the state level, it is weirder and worse than the federal level. final quarter of last year, fourth quarter of 2010, we thought our economy as a country was growing by 3.2%. on friday, that got revised downward. actually, turns out the economy did not do that well. we grew by almost a half pointless than that. oh. why did it get revised downward? what happened? state spending cuts. state job cuts. we got the numbers about how much state and local governments cut spending and public sector jobs at the state and local level. public sector jobs. public sector jobs are real
9:37 pm
jobs. state cuts are dragging the entire nation's economy down. they are not helping the economy, they are hurting the economy. indiana governor mitch daniels was asked about it on npr. i want to ask something that a lot of people are confronting now as they deal with the faurl deficit and state and local deficits that need to be closed. are budget cuts, government budget cuts worth it even if they end up seriously costing a lot of jobs right now? governor daniels replied yes. the question, uh-oh kay with cutting jobs? the answer, sure, why not, who needs jobs. >> if some of those jobs are lost in this, so be it. >> republicans are for less economic growth and fewer jobs. so say the economists. so admits the republican party when you ask them about it.
9:38 pm
the republican party is not rebutting that what they are proposing is less economic growth for america and less jobs in america, they are not rebutting it. they are admitting it when pressed. they're just counting on you not paying attention. associated press this weekend interviewed a number of governors in d.c. for the governor association meeting. a number of them met with president obama today. associated press reports they are turning down money and undermining federal initiatives to create jobs. republican governors are turning away from funding for everything from health reform to infrastructure and education. and the effect is real. it means fewer jobs in their states. it means fewer jobs in the country. it means less economic growth for america. less economic growth and less jobs for those states and for all of us. if the most important thing heading into a president's re-election campaign is how the economy is doing, republican economic policies now are the strongest force pulling in the
9:39 pm
other direction against the economic recovery that we are finally starting to get. the strongest force pulling against recovery, the worse off the country economically, the worse president obama's chances for re-election. these economic decisions that republican governors are making against jobs and growth at the state level have such partisan implications that republican pennsylvania governor tom corbett at one point in his interview with the ap had to volunteer, quote, it's not a conspiracy. i would almost feel better if it was. joining us now, robert frank, professor of economics at cornell university. professor, thank you very much for your time. i really appreciate it. >> pleasure to be with you, rachel. >> speaker boehner, governor daniels essentially saying they're okay with public sector jobs going away, that those don't really matter to them. is there any economic difference between a public sector job and private sector job?
9:40 pm
>> you know, you don't see any economy in the world that doesn't have a mix of the two types of jobs. we need roads to drive our cars on, we need schools to send our kids to. those are public sector jobs. we have private sector jobs, too. the public sector jobs deliver good value, many of them. they are a good use of taxpayer dollars. and right now, when we're in a spending shortage recession, the last thing we should be doing is cutting spending on those kinds of jobs. >> the moody's analysis out today says it would be -- the terms were counter productive and unnecessary chance to cut spendi too much now before the economy has come back more robustly. he is not saying spending shouldn't be cut in the long run, he is saying it would be bad to cut it now. why would that be? >> he's got his priorities straight. the deficit is not an artificial problem. we do need to deal with it, but it is a long run problem.
9:41 pm
the problem with the deficit is that we need to bring it down over the next ten years to 15 years. what's imperative at the moment is to get the economy out of the recession, and the reason it is still in recession is that we don't have enough spending. as we talked about before, the investors won't spend on investment. they've already got more capacity than they need. consumers are still worried, they're not spending. government is the only actor on the scene with capacity to spend. and it has so many essential things it should be doing. roads are worn out, bridges collapsing, dikes about to collapse that will in undate cities below them. there are lots of things we should be spending on now. the deficit is a problem for months and years after the economy is back at full unemployment. >> what about the idea the republicans proposed about $61 billion worth of spending cuts. as you say, the deficit is not a made up problem, it is worth
9:42 pm
thinking about that for the long run. would the kinds of cuts that the republicans are proposing have a significant impact on the deficit? >> no, that's the sad thing. the nonpartisan congressional budget office projects that over the next four years we're going to add 3.8 trillion to the deficit. these 61 billion in cuts are just a drop in the bucket. nobody thinks we can curb the deficit in the long run with cuts to domestic discretionary spending. there's not in the budget to do that. and a lot of the cuts we're issuing now will make the deficit worse in the long run. we are cutting off funding for nutritional assistance to poor women with small children. that saves a dollar today at the expense of spending five extra dollars in a few years. that's not good economics. >> are there categories of spending out there that economically speaking are sort of a bargain?
9:43 pm
if the government is looking to spend money that will have maximal economic benefit to the nation, what are the bargain types of spending out there? >> oh, there are just some real low-hanging fruit, rachel. the department of transportation nevada reports that they have a ten mile stretch of interstate 80. it is in disrepair. it would cost them $6 million to bring it up to good state of repair today if they did the work. that's because the workers who are needed to do the job are sitting idle, they are unemployed, equipment is in the yard not doing anything. materials are cheaper than they'll ever be. interest rates to finance the project, very low. we could repair a ten mile stretch of that interstate for $6 million. if we wait two years, then that same repair job will cost us $30 million. so how does that help us with the deficit if we postpone that kind of spending? that makes the deficit worse. it is a criminal misdiagnosis of
9:44 pm
the problem really. >> robert frank, economics professor at cornell university. appreciate your time helping to understand this tonight, sir. thank you. >> always a pleasure. >> thanks. >> so there has been a lot of excellent coverage the last couple weeks about the big political standoff in wisconsin. i happen to believe this is about the future existence of the democratic party, and it is the sharpest relief that we have had in this country in a long time about why we have two different political parties, and what the difference is between them. nobody has been on this story longer, or been doing it any better than my friend, ed schultz. after our show starting at 10:00 eastern, ed will be talking with a policeman that stood with the protesters in the capitol of wisconsin, defying the governor's edict that everyone leave. i've been looking forward all day to seeing this interview. it is up next on "the ed show." don't miss it. and despite difficulty and peril reporting, the situation on the ground in libya has put
9:45 pm
everybody with a tv, except moammar gadhafi. the most deluded public statement you have heard in a very long time comes today from tripoli, not from beverly hills. that's next on the show. be right back. n everyday moment can turn romantic anytime. and when it does, men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. ♪ cialis for daily use is a clinically proven low-dose tablet you take every day so you can be ready anytime the moment's right. ♪ tell your doctor about your medical condition and all medications, and ask if you're healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain, as this may cause an unsafe drop in blood pressure. [ man ] do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache, or muscle ache. to avoid long-term injury, seek immediate medical help for an erection lasting more than 4 hours. if you have any sudden decrease or loss in hearing or vision, stop taking cialis and call your doctor right away.
9:46 pm
[ male announcer ] ask your doctor if cialis for daily use is right for you. for a 30-tablet free trial offer, go to for a 30-tablet free trial offer, somewhere in america, there's a doctor who can peer into the future. there's a nurse who can access in an instant every patient's past. and because the whole hospital's working together, there's a family who can breathe easy, right now. somewhere in america, we've already answered some of the nation's toughest healthcare questions.
9:47 pm
and the over 60,000 people of siemens are ready to do it again. siemens. answers. i have a low goe -- logo that will outrage you. just ahead. as low as 4.75% at, where customers save an average of $293 a month. call lending tree at... today. t them. about how their children will get by without them. allstate wants you to worry about it a whole lot less. talk to an allstate agent about life insurance. are you in good hands?
9:48 pm
9:49 pm
before this revolution started in libya, before the giant protests started, what looks and sounds and feels like a civil war, what do you remember libya being in the news for recently? what was the last thing you read in the news about libya? does the phrase buxom ukranian nurse ring a bill? the signature pointless sell arab us details to come out of wikileaks documents from embassy officials to secretary of state hillary clinton that moammar gadhafi was attended to constantly and never traveled without a ukranian nurse described in the wikileaks cable as buxom, based on the famous buxom nurse cable, reuters gave the weirdest update on weather
9:50 pm
gadhafi's regime is crumbling. they went to this apartment building, and found the woman purported to be colonel gadhafi's buxom ukranian nurse. as you can see here, she's currently not with the libyan leader at least today. does this mean his regime has fallen apart? if this were a trashy novel, yes. but in our big trashy world, these developments are probably signed. davis the rebellion several libyan ministers resigned. one of those was the justice minister. this weekend from the second largest city in the country which is in rebel hands that former justice minister announced he was forming an interim government to lead, to govern the eastern part of the country. whether he is successful and whether the opposition recognizes him as leader remains to be seen. if he is successful at forming a political coalition he could have an actual organized army at his disposal. defecting military commanders and rebel leaders in the eastern
9:51 pm
part of the country have formed what they're calling the libyan peoples army. they are armed with whatever the former military commanders had at their disposal as well as weapons looted and confiscated from gadhafi forces. and it's not just members of the armed forces who have defected and joined the opposition. so, too, has libya's largest oil producer, which is headquartered in that second largest city in ben ghazi, a company worker who is also a spokesperson for the local opposition said the arabian gulf oil company was no longer controlled by libya's government. he also said it had resumed exporting oil for the first time since the protests began. a tanker, loaded up with up to 1 million barrels of crude was ready to set sail to china. the opposition also says it hopes to send another 600,000 barrels in the next few days. that said, the opposition will not be able to profit from the sales of those tankers. money earned by the company still goes directly into libyan government accounts in tripoli. if you live in ben ghazi nor the
9:52 pm
surrounding areas there is as of right now really only one way to get news as to what is going on in the region and that is the brand spanking new radio station voice of free libya. for over a week voice of free libya has been broadcasting from a studio set up at the transmitter station of the old station from which a 27-year-old army officer named moammar gadhafi announced his successful coup in 1969. so the station where gadhafi in 1969 announced he was taking over that country is now that station that exact station is now an anti-gadhafi rebel hands. the station broadcasts on three wave lengths once controlled by the government. one of them, the am frequency, reportedly sometimes reaches the capital of tripoli. in terms of the international response to the situation in libya the united states has frozen $30 billion of the regime's assets. 30 billion. germany has moved to stop all payments for libyan oil for 60 days. the u.n. security council has voted unanimously, unanimously
9:53 pm
to refer gadhafi to the international court for crimes against humanity for the force he used against his own people. if you've heard rumors about u.s. war ships positioning themselves closer to libya, you heard right. the amphibious assault ship and the aircraft carrier the u.s.s. enterprise are in the neighborhood. nobody knows if there will be a no fly zone for them to enforce or what other military action may be ahead either by the united states or by the international community more broadly. today the gadhafi regime on the one hand used troops and special forces to attack an oil refinery and two cities close to tripoli. they sent fighter jets to bomb sites in eastern libya. on the other hand the colonel himself told abc that libyans love him. he says the people of libya love him so he has no plans to step down. also, he is bombing them. also he can't step down he says because he is not even really technically the president or king or anything so what would he be stepping down from?
9:54 pm
his colonelship? delusions, civil war, ukrainian nurses, or not, the forecast for moammar gadhafi's future as the leader of libya looks to be short and brutal. we will keep you posted. for three hours a week, i'm a coach. but when i was diagnosed with prostate cancer... i needed a coach. our doctor was great, but with so many tough decisions i felt lost. unitedhealthcare offered us a specially trained rn who helped us weigh and understand all our options. for me cancer was as scary as a fastball is to some of these kids. but my coach had hit that pitch before. turning data into useful answers. we're 78,000 people looking out for 70 million americans. that's health in numbers. unitedhealthcare. hey babe. oh, hi honey! so i went to the doctor today, then picked up a few extra things for the baby. oh boy... i used our slate card with blueprint. we can design our own plan to avoid interest by paying off diapers and things each month.
9:55 pm
and for the bigger stuff, we can pay down our balance faster to save money on interest. bigger? bigger. announcer: chase slate with blueprint helps you save money on life's little surprises. trip...lets... announcer: start your path to saving today. call 855-get-slate. [music playing] confidence available in color. depend® colors for women. looks and fits like underwear. protects like nothing else. depend®. good morning. great day. [ male announcer ] america's beverage companies are working together to put more information right up front.
9:56 pm
adding new calorie labels to every single can, bottle and pack they produce. so you can make the choice that's right for you. ♪ [ male announcer ] from jet engines that have fewer emissions, to new ways to charge electric cars, to renewable sources of clean energy, ecomagination from ge is advanced technology that's good for both the economy and the environment. ♪ it's technology that makes the world work. [ squawking ] ♪
9:57 pm
next year london will be hosting the 2012 summer olympic games. the opening ceremonies happen in 515 days. i know that may seem like a long time off but when you're planning the olympics that is pretty much right around the corner. it's kind of already too late to make major changes. now for example would probably be too late to change the logo, the olympic logo which they unveiled about three and a half years ago. the logo is basically the numbers 2012 and the olympic ring. see? says london in the first two and the five rings are in the zero.
9:58 pm
the designers say the logo is meant to be an instantly recognizable symbol and universal form unconventionally bold, spirited and dissident echoing london's qualities of a modern, edgy city. that unexpectedly dissident logo is going to be everywhere in 515 days. the whole world has known about this logo for about four years. why then is today the day that the nation of iran has decided that that logo is so offensive that it is threatening to boycott the entire olympics because of it? according to one of the iranian state news agencies today, quote, iran objects to 2012 london games logo. the agency reporting iran has sent a letter to the ioc calling for, quote, designing a new logo and confronting the symbol's designers. what is so upsetting to the iranian government about the olympics logo? even though they've known about it for nearly four years, even though it hasn't changed in all that time, even though it never bothered them before?
9:59 pm
iran decided today that if you squint at this logo just right, they've decided it says the word zion as in israel as in jews. omg! it's an international jewish conspiracy. just like everything else if you listen to the iranian government. they look at the olympics logo and i guess, what, you rearrange the numbers and turn that maybe sort of extraneous parallelagram from the second two in 2012 turn that dot from an i? iran is either kukoo for coco puffs and see israelis under every rock or they want attention for something other than the fact the political opposition there says the two candidates who challenged ahmadinejad in the last election and have since been opposition leaders were just arrested. the opposition is calling for rallies tomorrow to defend them and protest the arrests. they say the two were not only arrested by the iranian government but arrested along with their wives.


info Stream Only

Uploaded by TV Archive on